XPENV ready for a breakout with a min target of 64$

13. Okt. 2021

XPEV is doing perfect technical movements since the bounce from 22$ support. Today's movement above EMAs was critical but it fell just short of the descending trendline (can take profits here). It will correct slightly & then hit the 48$ target. From there, minimum target would be the 161.8% extension at 64$

Note: Not an investment advice. I have a long investment in XPEV.

15. Okt. 2021

Anmerkung

A big green candle to break the trendline today! Next stops are 45.6 & 48

19. Okt. 2021

Anmerkung

Beautiful brek of the trendline. It will be hard to break the 43.6-45 resisitance

24. Okt. 2021

Anmerkung

Might move sideways till the 20d ema catches up. Watch for a break above 45.6

25. Okt. 2021

Trade geschlossen: Ziel wurde erreicht

It hit both targets!! 20% in ~8 trading days. Can take profits here. I expect the stock to correct slightly & fly again (no bearish sign yet, so, can wait on the sell).

Trade closed

25. Okt. 2021

Anmerkung

Remember - the long term target is 64, but closing the trade as I expect a short term correction before that

26. Okt. 2021

Anmerkung

Damn! This stock moves so fast. Correction underway already. Be ready to get in at 42.5

24. Nov. 2021

Anmerkung

Target of 64 in play earlier than expected due to an amazing earnings. Be ready to buy any pullbacks to the strong support of 48-50

2. Dez. 2021

Anmerkung

Stock exactly at Wave 3 high, unexpected, but a real good buying point